#Treehouse and $TREE @Treehouse Official
TREE Token Technical Breakdown — Price at $0.43, Eyes on $0.45 Resistance
TREE is currently trading near $0.43, maintaining a strong uptrend after breaking above the short-term resistance zone of $0.40 last week. The breakout was supported by a 24-hour trading volume surge of 20%, signaling increased buyer interest.
Key Technical Indicators:
RSI: 64, indicating healthy bullish momentum without being overbought
MACD: Recently crossed above the signal line, confirming positive momentum
50-day SMA: Acting as dynamic support around $0.39
Support & Resistance Levels:
Support: $0.41 (previous resistance turned support), $0.39 (50-day SMA)
Resistance: $0.45 (immediate), $0.50 (next psychological barrier)
Outlook: A clear daily close above $0.45 with volume above $40M would likely propel TREE toward $0.50+. Failure to hold $0.41 could lead to a corrective dip toward $0.38, providing a potential entry for buyers.
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